Boeing's net debt stood at USD 33,843 mil and accounted for -293% of equity at the end of 3Q2020. The ratio is up 100 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 3,482% in 1Q2019 and a low of -947% in 1Q2009 between 1Q1990 and 3Q2020. The average for the last five years was 223%.
Net debt to EBITDA was calculated at -7.39x at the end of the quarter. That is down from -0.083x seen in 2015-09-30. The ratio reached a high of 34.1x in 4Q2019 and a low of -10.2x in 2Q2020.
The company’s cost of funding amounted to 4.20% in 3Q2020, up which is above the 5-year of 3.46%. Funding costs have “eaten” some 160% of the operating profit generated in 2019.
You can see all the company’s data at Boeing profile, or you can download a report on the company in the report section.
Net Debt/EBITDA | Unit | Sep 2010 | Dec 2010 | Mar 2011 | Jun 2011 | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 (E) | Mar 2021 (E) | Jun 2021 (E) | Sep 2021 (E) | Dec 2021 (E) | Mar 2022 (E) | Jun 2022 (E) | Sep 2022 (E) | Dec 2022 (E) |
Boeing | 0.591 | 1.40 | 2.19 | 34.1 | -7.32 | ||||||||||||||||||||||||||||||||||||||||||||||
Lockheed Martin | ... | ... | ... | 1.25 | 1.17 | 1.03 | 1.01 | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||||||||||||||||||||||||
Raytheon | ... | ... | ... | 0.721 | 0.698 | 0.539 | 0.244 | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||||||||||||||||||||||||
AVERAGE | 0.336 | 0.284 | 0.603 | 0.389 | 0.427 | 0.274 | 0.313 | 0.346 | 0.192 | 0.206 | 0.153 | 0.124 | 0.035 | 0.019 | 0.045 | 0.102 | 0.179 | 0.146 | 0.339 | 0.514 | 0.459 | 0.881 | 1.06 | 1.06 | 0.854 | 0.757 | 0.802 | 0.666 | 0.631 | 0.549 | 0.633 | 0.635 | 0.702 | 0.697 | 0.856 | 1.09 | 1.25 | 11.8 | -7.32 | -10.2 | -7.39 | -16.0 | -206 | 9.39 | 6.47 | 5.21 | 3.89 | 3.19 | 2.61 | 2.41 |